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2
Bedrooms
2
Bathrooms
117 m²
Surface area
€
€3162
Price per m²
Apartment
Property type
+38 photos
Analysis
Price
€370.000
Own investment (30%)
€111.000
30% down payment of purchase price
Buyer costs
€37.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€690,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€97,50
{% trans 'Estimated annual maintenance costs (10€/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€345,68
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€91,12
Municipal taxes for Mijas Golf
Tax
(19%)
-€149,70
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Community facilities like pools and gardens add value.
- Potential for rental income from tourism and seasonal visitors.
- Property size and layout are attractive for both residents and investors.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
6.90%
5 Year Return
34.50%
10 Year Return
69.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract buyers and renters.
- Local market trends in 2027: Growing demand for holiday and retirement homes in Spain, especially in popular golf destinations.
- Property type: Apartments in gated communities tend to appreciate steadily due to security and amenities.
- Economic outlook in 2027: Expected moderate growth in Spain's economy, supporting real estate investments.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for convenience and security.
- Improve outdoor spaces, such as landscaping or adding a terrace.
- Upgrade fixtures and fittings to increase luxury appeal.
Description
Discover this stunning apartment in Mijas Golf, one of Spain's most sought-after golf destinations. Perfect for golf enthusiasts and those seeking tranquility, this property offers breathtaking views of the lush golf course and surrounding mountains. The spacious layout includes two large bedrooms with built-in wardrobes overlooking the communal gardens, ensuring a peaceful ambiance with minimal noise. Featuring two full bathrooms, including a convenient en-suite, and an expansive living-dining area that opens onto a generous terrace, this apartment is ideal for relaxing or entertaining while enjoying spectacular views. An elongated hallway efficiently connects all rooms and includes an additional guest toilet, enhancing the functionality of the space. The property comes with one underground parking space and private storage, adding to its practicality. Situated within a secure, gated community with tropical gardens and a communal pool, this apartment offers the perfect blend of comfort and leisure. Its proximity to beaches, local amenities, and golf courses makes it a compelling investment opportunity or a perfect year-round residence in Mijas Golf, Spain. Don’t miss the chance to own a piece of this idyllic location—schedule your viewing today.
Location
Nightly rates in the area
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